CGS International
May 30, 2025

Yoma Strategic Holdings: Technical Buy Signals Emerge as Market Volatility Rises – In-Depth Analysis and Outlook

Market Recap: Wall Street Faces Volatility Amid Tariff and Economic Uncertainty

Recent trading sessions have been marked by a blend of optimism and caution. Wall Street initially rallied on robust earnings from Nvidia Corp., but enthusiasm was tempered by concerns over softening economic data and ongoing legal disputes surrounding U.S. trade policy. Federal Reserve Chair Jerome Powell met with former President Donald Trump to discuss key economic issues, including growth, employment, and inflation.
Despite early advances—where the S&P 500 nearly touched a 1% gain—markets pared back as headlines emerged about the Trump administration’s decision to escalate tariff disputes to the Supreme Court. Treasuries strengthened, reflecting market expectations for two interest rate cuts by the Federal Reserve this year, especially after a successful $44 billion sale of seven-year notes.
Key data points revealed:

• The U.S. economy contracted at the start of the year due to weaker consumer spending and intensified trade impacts.
• Pending sales of previously owned homes saw their sharpest decline since September 2022.
• Jobless claims rose, signaling increased unemployment risk.
• The S&P 500 and Nasdaq 100 both closed up 0.4%. Nvidia led tech gains, rising 4%.
• 10-year Treasury yields fell five basis points to 4.42%, while the dollar index declined 0.4%.

China Strategy: Court Ruling on Tariffs Boosts Market Sentiment

In a pivotal development, a U.S. trade court blocked Trump-era tariffs imposed under the International Emergency Economic Powers Act (IEEPA). While uncertainties remain regarding appeals and sector-specific tariffs, the latest legal decision directly impacts the 30% tariff currently levied on China. This is expected to disproportionately benefit China, improving its growth outlook and bolstering investor confidence. As a result, tailwinds are anticipated for Hong Kong markets, with the potential for broader emerging markets to benefit as well.

Yoma Strategic Holdings Ltd: Technical Analysis and Investment Outlook

Last Price: S$0.087
Recommendation: Technical Buy
Company Description:
Yoma Strategic Holdings Ltd. operates as a holding company with subsidiaries focused on developing, constructing, and selling private and residential real estate properties across Asia.
Analyst Contact:
CHUA Wei Ren, CMT
weiren.chua@cgsi.com

Key Technical Levels and Trade Setup

Technical Snapshot: Why Yoma Looks Bullish

• Yoma rebounded at the third buy limit price of S\$0.062, as outlined in the previous analysis.
• Price action has shown significant positive momentum, prompting a renewed technical buy signal.
• Key technical observations include:
  • Price broke above a persistent downtrend line that began in July 2024.
  • A notable bear trap appeared on April 9, 2025, followed by a swift price rebound.
  • Current prices are trending above all Ichimoku indicators, signaling bullish momentum.
  • MACD and signal lines executed a bullish crossover at the bottom, with a positive histogram and bullish divergence detected.
  • The Stochastic Oscillator has confirmed an oversold crossover with a bullish divergence.
  • 14-period RSI has moved above its midpoint, indicating bullish divergence.
  • The Directional Movement Index indicates a strong uptrend signal.
  • Trading volume has surged above the 20-period average, suggesting sustained bullish interest.

Global and Country-Specific Regulatory Disclosures

This analysis is distributed by CGS International, with specific entities regulated across multiple geographies, including Hong Kong, Indonesia, Malaysia, Singapore, South Korea, and Thailand. The report is strictly intended for institutional, accredited, or wholesale clients in accordance with the relevant jurisdictions’ regulatory requirements.

Investment Ratings and Framework

Stock Ratings Definition:

• Add: Total return expected to exceed 10% over the next 12 months.
• Hold: Total return expected between 0% and +10% over the next 12 months.
• Reduce: Total return expected to fall below 0% over the next 12 months.

Sector Ratings:

• Overweight: Positive absolute recommendation on a market cap-weighted basis.
• Neutral: Neutral absolute recommendation on a market cap-weighted basis.
• Underweight: Negative absolute recommendation on a market cap-weighted basis.

Country Ratings:

• Overweight: Position above market benchmark.
• Neutral: Neutral position relative to benchmark.
• Underweight: Position below market benchmark.

Current Rating Distribution (as of March 31, 2025)

Coverage universe: 551 companies as of March 31, 2025.

Conclusion: Yoma Strategic Holdings Positioned for a Bullish Reversal

Yoma Strategic Holdings Ltd stands out for investors seeking technical rebound opportunities in the Singapore market. With bullish technical signals, a history of strong rebounds at key price levels, and a favorable macro backdrop influenced by global trade and policy shifts, Yoma is positioned for potential upside. Investors are advised to monitor technical signals closely, adhere to stop-loss levels, and consider the outlined price targets for optimal risk management.
For further information or trade execution, contact your CGS International representative.
Disclaimer: The information and recommendations provided are strictly for informational purposes and should not be construed as financial advice. Investors should consult their financial advisors before making investment decisions.